Subregional Cooperation Initiatives

Established in 2001, CAREC promotes regional economic cooperation through common infrastructure development and policy dialogue. The trading environment and investment climate have been improving through a network of multimodal transport corridors. These are opening economic opportunities by lowering trade costs, enhancing the flow of trade and people, and providing energy security and efficiency. They link CAREC members to each other and the rest of the world.

Latest Publication

Read workshop proceedings of a joint workshop of the CAREC Institute, the Asian Development Bank Institute (ADBI), the Ministry of Economy and Sustainable Development of Georgia, and the International School of Economics at Tbilisi State University (ISET) on the topic of comparison of economic integration in Asia and Europe held during 30-31 July 2019 in Tbilisi, Georgia.